WLR Retail Project Trails $1.8M Land Purchase (Real Deals)

by George Waldon  on Monday, Mar. 10, 2014 12:00 am  

OP REO Holdco One LLC recovered Jacksonville Motorcycle Sales at 6105 John Harden Drive from Bobbi and Gary Tackett and their BG&D LLC.

OP REO is an affiliate of Union Fidelity Life Insurance Co. of Overland Park, Kan.

The 10,320-SF facility secured an October 2007 loan of $640,000 originated by General Electric Capital Corp. of Norwalk, Conn., and later sold to Union Fidelity.

The Tacketts bought the 3.39-acre property for $189,000 in March 2007 from Marple Auto Sales Inc., led by Roy Marple.

Country Club House

A 4,526-SF home near the Country Club of Little Rock tipped the scales at $1.05 million.

James McHugh and Christine Althoff purchased the house from Eric and Amy McCay.

The deal is financed with a 30-year loan of $417,000 and a five-year loan of $283,000 from BancorpSouth Bank of Tupelo, Miss.

The residence previously was linked with a July 2011 mortgage of $937,500 held by Allied Bank of Mulberry.

The McCays acquired the property for $500,000 more than two years ago from Thomas and Paige Rystrom.

Riverview Abode

A 4,175-SF home in Little Rock’s Riverview Manor neighborhood changed hands in a $550,000 sale. Ricardo Caceda and Jessica Carbajal bought the house from Stanley and Susan Berry.



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